InvestorQ : How do you see the Bajaj Auto numbers and also the future of the company after the exit of Rahul Bajaj?
prachi Patwardhan made post

How do you see the Bajaj Auto numbers and also the future of the company after the exit of Rahul Bajaj?

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sara Kunju answered.
8 months ago
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Bajaj Auto reported 14.6% growth in net profit at Rs.1,551 crore for the Mar-21 quarter. Revenues from operations were also higher by 26% at Rs.8,596 crore in the quarter. On the numbers front, Bajaj gained from its 54% export exposure as compared to the 46% domestic exposure. Two-wheelers saw solid growth in domestic and export markets.

The big news was that Rahul Bajaj resigned from the post of executive chairman after a 51-year stint on the board of Bajaj Auto. Niraj Bajaj will take over that position. It is true that Rahul Bajaj has been synonymous with Bajaj Auto but his son Rajiv has been running the company for over 20 years now and the growth path is well set. It is unlikely to have any business impact although Rahul Bajaj’s wisdom would always be available.

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